Jfrog Ltd - FROG STOCK NEWS

JFrog Ltd. (NASDAQ: FROG) announced that Co-Founder and CEO Shlomi Ben Haim, alongside CFO Jacob Shulman, will present at KeyBanc's Virtual Technology Leadership Forum on August 10, 2021, at 1:00 PM PT / 4:00 PM ET. A live webcast and replay of the event can be accessed via the Company’s investor relations website.

JFrog specializes in DevOps solutions, aiming to streamline software delivery from development to production. Their platform, available in various forms including open-source and SaaS, supports major cloud services.

JFrog Ltd. (NASDAQ: FROG) reported strong Q2 2021 results, with revenue of $48.7 million, a 34% increase year-over-year. Gross profit reached $39.6 million, yielding a gross margin of 81.4%. Despite a GAAP operating loss of $14.2 million, non-GAAP operating income stood at $1.0 million. The company acquired Vdoo for $287 million, enhancing security offerings. For Q3 2021, revenue is forecasted between $52 million and $53 million, while full-year guidance expects revenue of $202 million to $205 million.

JFrog (NASDAQ: FROG) announced the appointment of Sagi Dudai as Executive Vice President of Product and Engineering. With over 25 years of experience, including leadership roles at Vonage, Dudai will report to CEO Shlomi Ben-Haim. His expertise spans cloud-native platforms, AI, and machine learning, aligning with JFrog's Liquid Software vision. Dudai aims to enhance JFrog’s end-to-end DevOps Platform and develop industry-leading SecOps solutions, leveraging his history of managing large-scale R&D teams.

JFrog Ltd. (NASDAQ: FROG) has successfully completed its acquisition of Vdoo Connected Trust Ltd., valued at approximately $300 million. This strategic move enhances JFrog's security solutions as part of its DevOps platform, extending capabilities to edges, IoT, and devices. The acquisition consists of about $210 million in cash and 1,934,198 ordinary shares of JFrog. JFrog plans to provide further financial and operational insights during its upcoming second quarter earnings call scheduled for August 5, 2021.

JFrog Ltd. (NASDAQ: FROG) announced plans to release its second quarter fiscal 2021 financial results on August 5, 2021, after market close. A conference call to discuss the results will be held at 2:00 p.m. PT (5:00 p.m. ET) on the same day. The company, known for its DevOps platform, aims to enhance software delivery through its hybrid solutions, trusted by many Fortune 100 companies. For more details, visit jfrog.com.

JFrog Ltd. (NASDAQ: FROG) has announced its acquisition of Vdoo Connected Trust Ltd. for approximately $300 million, a move aimed at enhancing its security offerings within the DevOps market. This strategic acquisition will integrate Vdoo’s advanced security solutions into JFrog's platform, enabling comprehensive security throughout the software lifecycle. The transaction includes both cash and stock, with around $90 million to be paid in JFrog shares. JFrog maintains its guidance for Q2 and FY2021, anticipating increased operating expenses of $9-10 million post-acquisition.

PagerDuty (NYSE: PD) announced new integrations with JFrog (NASDAQ: FROG) to enhance digital operations management. The integrations offer DevSecOps and SDLC Monitoring, aimed at identifying security issues and improving software delivery lifecycles. JFrog Xray will notify teams of security vulnerabilities, while JFrog Pipelines will streamline incident resolution and build identification. These capabilities are expected to reduce bottlenecks in software delivery, thereby enhancing the reliability of digital services. The partnership aims to empower organizations in managing critical incidents effectively.

JFrog (NASDAQ: FROG) has introduced a range of enhancements to its DevOps Platform during the swampUP user conference, aimed at improving binary lifecycle management and developer productivity. Key features include Federated Repositories for multi-site management, Signed Pipelines for enhanced security and integrity of builds, and Cold Artifact Storage for cost-effective archiving of unused artifacts. Additionally, Dependency Scanning will identify vulnerabilities early in development. These tools are designed to address the growing complexity of modern application delivery.

JFrog (NASDAQ: FROG) announced the launch of its Private Distribution Network at the swampUP DevOps user conference. This innovative feature allows enterprises to create a secure, scalable hybrid distribution network for software updates. The solution integrates advanced network acceleration technologies, enhancing deployment speed and reliability for application updates across numerous environments. Available in private beta now and set for general release in Q3 2021, the platform aims to address modern software distribution challenges, particularly in edge computing and IoT environments.